Thank you, but the situation is more significant than just the difference in market value of the shares. The receiving IRA custodian did not provide any (eg. zero) value to the 70 shares transferred on the 5498. They only value shown is that of the cash transferred. They claim a direct transfer of shares (in-kind transfer) between trustee-to-trustee of retirement accounts has no value shown on the 5498. The 401K custodian sending the shares disagrees, and thus included the value of the shares on their 1099-R. Who is correct?
